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Commentary on The Capital Markets- Category [Flash]
2018-01-13 19:33 by Karl Denninger
in Flash , 100 references
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Just a quick and important note if you have FreeBSD servers spun up on Digital Ocean.

Go in there right now, snapshot each and every one of them, and make sure you can create a droplet from the snapshot that comes up correctly -- including most-particularly with the correct new IP address for the new droplet and that it can be "seen" from the Internet at large.

I have identified a problem that occurs under certain conditions.  Be warned that if you get bit by this your backups using their facility, which use the snapshot mechanism as well, are very nearly worthless as they will only boot once, and not correctly at that.  The second time you attempt to boot it, if you reset the droplet, you will not be able to get root at all as the failure appears to damage some part of the authentication system that sudo relies on during the first boot and as a result sudo will segfault.

This has been reported to them and I am NOT going to go into details here at this time although I have a very good idea what is causing it.  I do not know if this also impacts Linux droplets but given what I've been able to determine thus far it may.  I discovered the problem yesterday evening while doing testing in advance of a software update planned for today.

Do not power down or reset a droplet that you cannot successfully snapshot and clone, or which you have not yet tested, until I'm sure this is safe.

It may not be.

Contact me offline if you get screwed and do not reset a screwed server; the first time it is recoverable, at least far enough to get your data off or the box back online.  I do not know if it's recoverable in its entirety yet if it happens to you; I'm working on that.

Update 1/13 23:56 - I know what the problem is and it's recoverable without DO's intervention.  It stemmed from a security audit update that you may have (read that: should have!) performed -- if you did, you're in trouble if you have to reboot or restore your droplet.  Let me know if you need to know how to mitigate this but whatever you do, if it does NOT come up normally, do not reset it again as you will lose access to sudo and be hosed!

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2018-01-13 15:11 by Karl Denninger
in Flash , 219 references
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So who's going to be held accountable for this one?

You know, that "Presidential" and "Severe" alert stuff on your phone -- especially the "Presidential" ones you can't turn off?  Somehow I suspect a ballistic missile, if it really is coming, fits into that category.

That is, if it's really coming.

But it wasn't.

Nonetheless someone sent it to everyone in Hawaii -- without first verifying that the threat was real.

Isn't it a serious felony to call in or communicate a false bomb threat?  Indeed it is.

What about when the false bomb threat is communicated by the government?

Where are the ****ing handcuffs?

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2018-01-10 11:28 by Karl Denninger
in Flash , 240 references
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Oh cry me a ****ing river.

Newman's Own, the popular purveyor of philanthropic pasta sauce, will be forced to put itself up for sale or pay crushing fines this year due to an obscure provision in the tax code.

The household brand is facing a tax bill of up to 200 percent on the majority of its business — a penalty so steep company executives say it would effectively put them out of business. The only alternative, they say, is for the private foundation established by the late Hollywood legend Paul Newman to relinquish control of the company that bears his name.

The brand is facing said fine because it cheated the tax laws on a knowing and intentional basis and, knowing this and spending its time on lobbying to try to get what it was doing made retroactively legal (it had 5 years) it is now running out of time.

The people who run this outrageous scam should all be in prison for running this crap.

Oh, and their scam has spawned imitators -- all of whom should join these people in prison.

**** you Newman's; may you be destroyed for this outrageous and intentional scheme.

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2018-01-08 13:36 by Karl Denninger
in Flash , 2193 references
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There is only one way to stop this sort of crap:

A federal judge dismissed all charges against rancher Cliven Bundy, his two sons and another man on Monday.

U.S. District Judge Gloria Navarro cited "flagrant prosecutorial misconduct" in her decision to dismiss all charges against the Nevada rancher and three others.

Not only must Bundy and his sons (and the third man) be fully compensated for all of their economic losses, including their attorneys fees, the prosecutor and everyone involved in it under his direction must be imprisoned for the full term of years sought by them against Bundy.

This wasn't a mistake -- it was a clear and documented intentional act and fraud upon not only the court but upon the defendants and every citizen of the United States.

It must be punished, and the only appropriate punishment is for the prosecutors to face exactly the same sanction they intended to impose through their misconduct.

If Jeff Sessions and Donald Trump don't do it then you know, as a matter of actual fact, that they'd just as soon screw you and it is only through blind luck through drawing what appears to be one not-corrupt judge that Bundy and his family didn't get railroaded straight into prison.

Worse is that without prosecution and prison for everyone involved there is absolutely no deterrent preventing the FBI from doing it again to them -- or to you.

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2017-12-28 10:32 by Karl Denninger
in Flash , 325 references
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Gee, what wonderful people you employ Communist News Bull ****....

A CNBC director who worked on finance guru Suze Orman’s show has been accused of peeping on his teenage au pair with a spy-cam in a bathroom of his Westchester home, the Daily News has learned.

Dan Switzen, 44, hid a camera inside a tissue box in his home in Pleasantville, according to authorities.

On Nov. 13, his 18-year-old live-in nanny invited two of her friends, also 18, over to the house and one of them discovered the camera in the bathroom, sources said.

Any word on this today on the air?

Naw..... of course not.  They'll bury the lede on this one, that's for sure...

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